Quote from: Denker on November 27, 2017, 01:26:05 PM

Quote from: Paulbounce on November 27, 2017, 11:42:59 AM

Here`s an interesting article.

www.cryptmarkets.com/blog/post/if-you-bought-5-dollars-of-bitcoin-7-years-ago-x3?trkid=705969326C3753473336544B37415A496651715873515F33445F3344&set=1&imte=3c

Thoughts please.

Nah that's insane! Even $100k in 3 years would an outstanding performance.
On the other hand we've never seen something like that before and high price levels may be possible, at least for a short amount of time. I expect definitely a 6-12 months bear phase within the next 3 years. So no price rise, just retracing and consolidation during that period, whatever the top of the actual run will be. Therefore $500k is very unlikely to happen imo. But this price level is possible! Just not in that very short timeframe of 3 years.

Insane is the best word describing bitcoin. Didn't you see bitcoin was $850 in march 2017 and it became $10,000 in november 2017?

This is almost 12x growth in only 8 months. Do you think bitcoin can't make other surprises in the future? It will make for sure.